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I have spoken on this subject in the past but it feels more real than it ever has since my dad just had a major brain stroke on Friday. I can see my mom is very unsure of how to manage the financials and it’s a very tricky spot to navigate with my dad only being able to spit out a few words at a time, I am hopeful for a full recovery. My dad is getting better by the day which is good but it’s a long road to recovery. My family can tell that he is worried about his assets and he has made attempts to tell my mother and brothers what to do, we believe he was trading all his coins into a volatile crypto right now and want to help him stabilize that. I have my flight booked and I’ll be there in a few days to help with everything but now more so than ever if you haven’t taken the time to fill in your significant other or trusted family member what to do in the event of something like this happening then you need to make sure that is in place not only for all your crypto assets but physical and anything you can pass on. We are not promised tomorrow, I am thankful my dad is alright. I believe he will recover. If you can please send prayers for him and my family 🙏
Firstly I wish your dad speedy recovery from this as it is a very frustrating situation. M
Now to the question of having your asset actually announced, i think we have emphasized on this topic enough most especially from the beginning of how or where you store your private key or seed phrase. There are people who disagree that this things need to be kept secret as not everyone can be trusted even family members. But for me I think we need to at least have that one person we know will be able to keep the secrets and uphold them, this is much safer than any backstabbing That will even Happen. It will be more painful to have your asset lost due to only you having access to it than it been misuse.